For Sale
$3,299,000

984 50Th St Brooklyn, NY 11219

5,400 SF Office Building, 4 Units, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 5,400 square foot commercial office building in Brooklyn, NY, presents a unique investment opportunity. Located at 984 50th Street, this property boasts a prime location directly across from Maimonides Hospital, offering significant potential for growth and high occupancy rates. Currently configured as a four-unit building, with a lower level of 2,000 square feet, a first floor of 2,000 square feet, and a second floor of 1,100 square feet, it offers flexibility for various uses. The building features 8-10 foot ceilings and sits on a 2,000 square foot lot. Currently tenant-occupied, the building can be delivered vacant upon request, making it ideal for both investors seeking a strong return (5% cap rate) and owner-users looking for a strategic location. Floor plans are available upon request. The asking price is $3,299,000. This property is being sold as an investment property, but can be easily adapted to suit a variety of commercial needs. Its proximity to Maimonides Hospital makes it particularly attractive to medical-related businesses. Don't miss this chance to acquire a high-value property in a thriving Brooklyn neighborhood.

Highlights

  • $3,299,000 asking price.
  • 5,400 square foot office building in Brooklyn, NY.
  • Four units, with floor plans available upon request.
  • Located directly across from Maimonides Hospital.
  • Can be delivered vacant upon request; currently tenant-occupied.

Property Details for 984 50Th St

Property type
Office properties
Square Feet
5,400 SF
Units
4

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6383003
Longitude
-73.9996913

FAQs

What type of property is this?
Office property - 5,400 SF Office Building, 4 Units, High ROI
Where is the office property located?
The property is located at 984 50Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: $3,299,000 asking price.; 5,400 square foot office building in Brooklyn, NY.; Four units, with floor plans available upon request.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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984 50Th St
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